Bank lending in Japan declined 2.0 percent on year in August, the Bank of Japan said on Wednesday, coming in at 394.2 trillion yen. That follows a 1.9 percent annual contraction in July.
Including trusts, bank lending was down 1.9 percent on year to 456.7 trillion yen. That followed a 1.8 percent decline on year in the previous month.
Adjusted lending was down an annual 1.7 percent - the same rate of decline as in July.
Lending from foreign banks plunged 18.3 percent on year to 3.822 trillion yen after falling 16.9 percent a month earlier.
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